You have $15,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly. How many dollars per month

can you withdraw for as long as you live and still leave this nest egg intact? (Use Exhibit 18-16)

Fuhibie 18-16 Drpping into your nest eqg Dipping into savings isn't wrong, however. you trusf do so with caution. Note: Hascd och an interest tate of 5.5 perceat fer year, compounded cuarterly. Sotaree Select Commatioc on A ging. US. Fouse of Representatives